The governor of the Bank of Italy speaks of the need for a more united Europe against global challenges and on migrants he relaunches the challenge of controlled entry to avoid a sharp decline in job supply. A vision that goes along…
The survey conducted by Bankitalia: momentum in the field of fintech investments in Italy, with a clear trend towards innovation and digitalisation in the financial sector
According to Bank of Italy, companies prefer to self-finance due to lower investments and high rates. Requests for family mortgages are also falling, while requests for consumer credit are growing
The exhibition, which offers an evocative preview of the future Museum of Money - Bank of Italy (MUDEM), offers a journey to discover the main events that have characterized the history of money and finance, from ancient Mesopotamia to the twentieth century
On the occasion of the celebration in Rome of the 150th anniversary of the birth of Luigi Einaudi, the Governor recalls how Einaudi managed to reduce inflation without stifling growth, but even leading to the Italian miracle. The debt issue in Italy
The Bankitalia survey suggests that while property prices have stabilized in the last quarter of 2023, the sales market is still weak due to difficulty in obtaining mortgages
At the 30th Assiom-Forex congress, first official speech as governor of the Bank of Italy for Fabio Panetta. The governor focused his speech on the economy and the prospects of the international economy. Three conditions are necessary to resume a path of growth. And about…
The volume "Revealed assets - The singular story of the deposits kept in the vault of the State Treasury" offers an overview of the results that emerged from the analysis of 400 deposits containing coins, medals, titles and documents of historical relevance
The first economic bulletin of 2024: alarm following the Israel-Hamas war and the Houthi attacks due to delays in deliveries and rising costs, fashion and oil under the spotlight. Inflation: from 1,9 in 2024 to 1,7% in 2026
Financial culture is uneven, with greater knowledge among students, men and residents of the North. Financial habits reflect attention to daily expenses, but a low propensity for future planning: here are the results of the Bank of Italy survey
Chiara Scotti was unanimously appointed deputy director general of the Bank of Italy on the proposal of governor Fabio Panetta. The appointment must be approved by the President of the Republic
Unicredit was the only Italian bank remaining in the global list, but remains in the list of national systemically important banking groups identified by Bankitalia: here are all the details
Panetta is considered a right-wing Draghi: his technical competence is beyond question, but to become a good Governor he will have to demonstrate independence from political power, especially on 3 points. Will he make it?
Thirty years in the Bank of Italy, a strong bond with the former Governors Fazio and Draghi, then the leap to the board of the ECB. Here's everything you need to know about Fabio Panetta, who succeeds Visco at the helm of Via Nazionale
In its October Economic Bulletin, our Central Bank reports a general slowdown in the economy, including Italy - Inflation is also falling but not enough
As part of the Edufin month, with the intervention of Magda Bianco, head of the Customer Protection and Financial Education Department of the Bank of Italy, the bimonthly publication in 16 languages of the Financial Guide, created by REF Ricerche with…
“What has happened recently confirms the need to take further steps forward.” The speech by Luigi Federico Signorini, general director of the Bank of Italy and president of Ivass, speaking at the Credit Day
The general director of Bankitalia, Luigi Signorini urges banks to "consider the problem of offering savers competitive products"
Rome, which would have what it takes to attract capital, provide wealth and jobs, remains dramatically behind in Europe but also in the rest of the country, especially in Milan. The Bank of Italy study
The representatives will present themselves incognito at some counters asking for information on products and services. The aim is to protect customers
The general director of the Bank of Italy spoke on the occasion of the Florentine stop of the "Traveling with the Bank of Italy" tour
The Bank of Italy stops in Florence on its journey to raise awareness of the economy and promote financial culture. From Thursday 21 September three days with experts and politicians led by DG Signorini
Some verses of the Divine Comedy become the starting point for thinking not only about money but also about laws, institutions and behaviors. Dialogue between Luigi Federico Signorini of the Bank of Italy and Antonio Patuelli of the Abi
The objective of the Memorandum of Understanding is to encourage and promote innovation in its areas of interest, in compliance with its institutional tasks
More and more foreigners choose and increase their spending in our country. While Italians abroad stay out for more nights. The Bank of Italy's analysis
Despite the risk of losing a lot of money and ending up victims of thefts and scams, crypto-currency activities continue to fascinate Italians and especially the under 40s. The warnings of the Bank of Italy are recurring but not…
The governor of Bank of Italy Ignazio Visco says it clearly: "The banking system is solid, but the risks associated with a deterioration in credit quality must not be overlooked"
INPS has agreed with Bankitalia the payment dates of the subsidy dedicated to families from July to December 2023: here are all the details
If on the one hand the governor of the Bank of Italy sees a satisfactory banking system, on the other he urges the banks to remunerate deposits and extend mortgages, while he shines a light on the first difficulties in repaying loans
The Bank of Italy's journey through the Italian regions stops in Palermo. The Sicily Region is growing at the national pace, albeit with difficult peculiarities. But he has a few tricks up his sleeve
The replacement of Panetta on the board of the ECB with an Italian is not automatic and in the past Spain missed a turn. Meloni expects to gather the necessary European consensus but the new postponement of the Mes is not a…
Two excellent appointments in the Conaiglio of ministers at the top of the Bank of Italy and as Extraordinary Commissioner for the reconstruction of the flooded areas of Emilia-Romagna. Controversy is raging over this last appointment
In a memorandum filed in Parliament, the Bank of Italy points the finger at three issues: we need to examine costs/benefits by subject, periodic evaluation of the Regions' participation and mandatory verification procedures. Otherwise, he warns, the outcome would be uncertain
In his annual report, the president of the Insurance Supervisory Institute illustrates the critical issues of the Life branch and suggests "high attention". An agreement is hoped for Eurovita by the end of the month
The secretary general of the CGIL seems to ignore the improvements in the Italian economy and in employment and collects amnesia and approximation on wages and work - It would be enough to reflect on the recommendations of the Governor of the Bank of Italy Visco
Fabio Panetta, former Director General of the Bank of Italy and current member of the Executive Board of the ECB, is the number one candidate to succeed Visco at the helm of Via Nazionale but the games are not over yet. For two good reasons
The latest Final Considerations of the outgoing Governor are a document of great economic, social and political interest and trace a path towards a better Italy
A joint commitment between the Government and the social partners against inflation and the acceleration of investments and reforms for the full implementation of the PNRR: these are the recommendations of Governor Ignazio Visco in his latest Final Considerations in the Bank of Italy
Ignazio Visco will read his last Final Thoughts on Wednesday and will leave the Bank of Italy in November. "He is a good economist with a straight back and has kept the reputation of the Bank of Italy high", comments Stefano Micossi, the former General Manager of Assonime…
The analysis of the labor market in Italy prepared jointly by the Ministry of Labour, ANPAL and the Bank of Italy has been published. In the first months of the year, tourism is the leading sector with almost a third of the jobs created. Stable unemployment. Come back…
The flat tax according to Via Nazionale is "unrealistic for a country with a large welfare system" like Italy
Among the complex securities preferred by families are certificates and AT1s. For Bank of Italy, the phenomenon is now under control, but it could be risky in the event of adverse scenarios.
Before the joint budget commissions of the Chamber and Senate, Bankitalia underlined the crucial importance of the Pnrr and the need for more structural fiscal actions and a greater reduction of the public debt. High risks are lurking.
Public debt has reached 2.772 billion and the upward trend of will continue in the coming years. Tax revenues down by 3%. Foreign investors are declining
Pandemic and war have undermined the old model of globalization amidst drives towards fragmentation and competition between blocks. So what to do? Foresight and reasonableness recommend keeping channels of economic cooperation open. The intervention of the CEO of Bankitalia…
The head of Bankitalia's customer protection and financial education department recalls the importance of financial literacy for individual, collective and systemic well-being: "Teaching economics and finance in civic education"
In the annual report on sustainable investments and climate risks, the Bank of Italy intensifies sustainable investments. As the weighted average carbon intensity falls, the weight of green bonds increases
Banks will also play a key role in financial intermediation in the future. Provided they know how to renew themselves - The reflections suggested by the book by Stefano Lucchini and Andrea Zoppini, "The future of banks", published by Baldini and Castoldi
"The invasion of Ukraine has highlighted the importance of the security of energy supplies which, in recent decades, had remained in the background of the European debate". This was stated by the General Manager of Bankitalia
The governor of the Bank of Italy intervenes in the tug-of-war between hawks and doves in the ECB over the rate hike. The Btp Italia exceeds the November issue
A sort of compass to navigate through the vast amount of information on the subject that the Central Bank disseminates on its website
Bank of Italy, with its traditional work of "moral suason", warns the banks about the increase in costs for customers, especially since an increase in interest rates can have a positive impact on profitability. It also points the finger at one-way contractual changes
DLT technology was the protagonist of the seminar of the Assiom-Forex Congress on the role of central banks between innovation of market infrastructures and support for the digital development of the payment and financial industry
Especially in the private sector, employees of all levels will be needed, from construction to information technology, from personnel management to research and development. The fear of not having trained employees. A possibility from the unemployed and migrants.
The governor of the Bank of Italy in his usual speech at Assiom Forex, his first official event of the year, strikes a balance between doing too much and too little.
The interest rate race will continue in 2023 too, according to experts, by June the 3-month Euribor will still grow by almost one and a half points
The former number one of the Ftx platform captured in the Bahamas increasingly in the storm - In just 3 years, warns the Bank of Italy, suspicious transactions in cryptocurrencies have multiplied exponentially
In inaugurating the Ugo La Malfa lectures, commissioned by the Foundation that bears the name of the great republican leader, the Governor of the Bank of Italy focused his attention on the current monetary policy of the ECB, recommending prudence
According to a survey conducted by the Bank of Italy, in 2021 fixed expenses and variable expenses of current accounts increased. Ordinary, online and postal accounts: here are expenses, increases and differences
Gianni Toniolo, one of the major historians of the economy and a man of great humanity, passed away tonight. The Bank of Italy has always been at the center of his studies and in these days his latest book - The interview…
The "Buy Now Pay Later" is at the heart of the revision of the European Directive on consumer credit agreements. This was stated by Bankitalia, which is ready to enforce the same rules as for consumer credit
According to the director general of the Bank of Italy, digitization can help improve financial education but must avoid the risk of transforming the digital divide into another source of financial exclusion
Harsh warning from the Governor of the Bank of Italy: rate hikes could have stronger repercussions on inflation when the economy has already experienced a marked slowdown with the risk of triggering or amplifying a recession"
35 new jobs were created between July and August, against 80 in the previous two months and 100 in the March-April period - Negative balance in the South
According to a study by the Bank of Italy, prices vary more frequently in unprocessed food (31%, on average, every month) and much less in services (6%)
Demand for homes is holding, prices are "stable" but mortgages are more expensive and difficult to obtain: two analyzes by Bank of Italy explain what is happening
Companies can undergo cybersecurity tests through a new structure – The authorities have adopted the national TIBER-IT Guide, which implements the European models
The Bank of Italy's 2022 Environmental Report also contains a series of methodological notes that aim to suggest a high-level standard for the environmental indicators to be adopted
In an interview with Politico, the Governor launches a call for caution addressed to the hawks, who would like to repeat the 50 basis point increase launched in July in September
The signatories undertake to promote a work environment based on respect and dignity, ensuring the absence of any type of discrimination
According to the Via Nazionale survey, in 2020 the richest 7% of Italian families had 50% of the assets, while the least wealthy 50% owned only 8%
Almost 9.900 complaints arrived at Bankitalia (-12% compared to 2020) - Reports relating to online scams were instead 622, mostly related to credentials
The latest Economic Bulletin of the Bank of Italy revises the estimates for this year upwards but also foresees an adverse scenario that would bring GDP to -2% in 2023
On the other hand, appeals to the Financial Banking Arbitrator against foreign banks, electronic money and payment instruments have increased
According to Bank of Italy, in 2019 the GDP of the South was still 10% lower than that of 2007, while in the Center and North the difference was 2% – Visco points the finger at productivity and demography
The Governor underlines that economic fundamentals do not justify a spread "over 200 points" - Furthermore, Visco clarifies two aspects related to the latest moves by the ECB
According to Bank of Italy, tourism is in chiaroscuro (millions of foreigners are missing), while buildings are recovering. Employment stagnates. 3,7 billion coming from the Pnrr
Signorini, CEO of Bank of Italy and president of Ivass: “The transition requires higher prices for fossil fuels. We need income support and incentives for renewables”
Only in an "adverse" scenario in which gas supplies were suspended, would Italy find itself in stagnation, with GDP stagnating and inflation close to +8%
For Via Nazionale, the problem is also linked to human capital: "In the South, older and less educated civil servants" - "Recruitment? The competitions of the stabilizations are better”
Furthermore, according to Via Nazionale, the Irpef reform and the single check will reduce inequalities and poverty, while the incentives to work and earn more will increase
According to Bankitalia data, between 2012 and 2021 the number of institutions decreased from 533 to 141 - Branches down by 34% - At the same time, the average assets per bank increased fivefold
The governor of Bank of Italy does not hide the uncertainty weighing on the economy but also underlines the opportunities we face. Here is an analysis of his most important proposals
In the final remarks, the governor makes three suggestions to Brussels, hopes for an "orderly normalization" by the ECB and asks for "prudence" from Italian banks
The two Authorities underline "the need for full compliance with the restrictive measures decided by the European Union in response to the situation in Ukraine"
And this year Via Nazionale will launch a thematic investment equity portfolio aimed at companies most able to contribute to the ecological transition
Bank of Italy: at the end of 2021 the exposure of Italian banks in Russia, Belarus and Ukraine amounted to 29 billion - But the war can also damage institutions in other ways
The Parliamentary Budget Office writes it, adding that, in the event of war until June, the consequences would also be felt on growth in 2023 and on inflation
Bank of Italy: "The war has worsened a situation that was already deteriorating" - Upb: "If the conflict lasts throughout the second quarter, Italy's GDP -1,5% in the two-year period"
As for ECB policy, the governor reiterates that "rates will rise only after the end of the securities purchase programme" - Bankitalia profit down
An analysis by the Bank of Italy's UIF shows an increase in reports attributable to anomalies connected to the health emergency - Over 25 thousand more reports in one year
The decline in labor demand weighs heavily in some of the sectors in which there is a greater presence of women, such as tourism and commerce, the most exposed to new fears of contagion
Via Nazionale underlines that cutting bills does not solve the real problem: energy dependence from abroad - The Eurozone risks 2 points of GDP "in non-extreme scenarios"
Credifarma and Farbanca will become Banca Credifarma Spa, the first integrated hub specialized in financial services for pharmacies
Speaking at the Forex Congress, the Governor of the Bank of Italy, Visco, highlighted the strong recovery of our economy and the decline in debt "beyond forecasts, arguing that a limited rise in market rates will have a moderate effect on the cost…
According to a study by Istat and the Bank of Italy, in 2020 the wealth of Italian families grew by 1% compared to 2019, reaching 8,7 times the disposable income
For the first time, the House of Savoy claims ownership of the treasure of over 6 diamonds and 2 pearls – Mediation begins between the heirs of the last King of Italy and the government – But the jewels to whom…
Salvatore Rossi, current president of Telecom Italia and former Director and General of the Bank of Italy, will coordinate the commission set up by Minister Giovannini which will have to draw up the new transport and logistics plan within six months.
According to Luigi Federico Signorini, president of IVASS and general manager of the Bank of Italy, the Italian economy "will return to sustained expansion in the spring"
Vivendi will change his leadership in the coming months but it will not be easy to replace Vincent Bollorè and the disorientation can already be seen with Tim where the French have inexplicably started to wage war on a guarantee president…